7.9 Solana $SOL Shorting Strategy

Entry: Rebound to 78.20-78.50 to short
Stop Loss: Above 78.75
First Target: 77.85
Second Target: 77.00-76.65
Solana's short-term consecutive surges have gradually exhausted bullish momentum. On the 5-minute chart, there are clear candlesticks showing a surge then pullback, indicating short-term bulls have profit-taking needs. The hourly uptrend is slowing down with a need for pullback and repair. Chasing shorts directly is prone to being stopped out by spike-induced false breakouts. It is more prudent to wait for a rebound to the resistance zone and place short orders in batches.
If you want to go long against the trend in the short term, you can only try a small position light long at the 77.85 support level, with stop loss at 77.65, only capturing small short-term rebound profits. Do not hold heavy positions with long-term long orders; the risk of a bearish pullback in the big direction is not fully resolved. #预测世界杯法国VS摩洛哥